Axi or HYCM – which is better for UK traders 2026? Compare Axi and HYCM in this detailed breakdown of their platforms, features and fees.
| Axi | HYCM |
|---|---|
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| Axi is ranked #13 among CFD brokers. | HYCM is ranked #18 among CFD brokers. |
| Visit Axi | Visit HYCM |
| Founded in 2007, Axi is a forex and CFD broker operating under multiple regulations. Over the years, it has enhanced the trading experience by broadening its stock offerings, upgrading the Axi Academy, and launching a proprietary copy trading app. | HYCM, authorised by four global entities including the FCA, is an online broker. It provides short-term CFD trading on forex, shares, commodities, indices, ETFs, and Bitcoin. The broker supports MT4, MT5, and Trading Central analysis. |
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72.4% of retail investor accounts lose money when trading CFDs with this provider |
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| Pros | |
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| Cons | |
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| Awards | |
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| FCA Regulated | |
| Yes | Yes |
| Instruments | |
| CFDs, Forex, Stocks, Indices, Commodities, Crypto | CFDs, Forex, Stocks, Indices, Commodities, ETFs |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $0 | $20 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| FCA, ASIC, FMA, DFSA, FSC | FCA, DFSA |
| Mobile Apps | |
| iOS & Android | iOS & Android |
| Trading App | |
| Axi's app offers a seamless trading experience, combining essential tools for active global market trading in one place. Enhanced with bug fixes and improved speed, it now includes push notifications, custom watchlists, and educational videos, all within an impressive user-friendly interface. | |
| iOS App Rating | |
| Android App Rating | |
| Margin Trading | |
| Yes | Yes |
| Margin Rate | |
| Variable upon regulation and jurisdiction | |
| MetaTrader 4 | |
| Yes | Yes |
| MetaTrader 5 | |
| No | Yes |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | No |
| Autochartist | |
| Yes | No |
| eSignal | |
| No | No |
| Trading Central | |
| No | Yes |
| STP Account | |
| Yes | No |
| ECN Account | |
| No | Yes |
| DMA Account | |
| No | No |
| MAM Account | |
| Yes | No |
| PAMM Account | |
| Yes | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| Yes | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| Yes | Yes |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader, Myfxbook | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | |
| Yes | No |
| Social Trading | |
| Yes | No |
| Trade Signals | |
| MT4, Autochartist | |
| VPS Hosting | |
| Yes | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| Yes | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $10 | $10 |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Commodities | |
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| CFD | |
| Axi provides an expanding range of CFDs on currencies, shares, indices, commodities, and cryptocurrencies, subject to location. Designed for active traders, it imposes no limits on scalping or algorithmic strategies, offers significant leverage, and ensures rapid execution with latency below 100ms. | HYCM offers traders the opportunity to engage in trading CFDs across various stocks, indices, commodities, and ETFs, all featuring floating spreads. Leverage limits differ depending on the specific instrument. Clients can select from two top-tier trading platforms. |
| Leverage | |
| 1:30 | 1:30 |
| FTSE Spread | |
| 1.0 | 1.5 |
| GBPUSD Spread< | |
| 0.6 | 0.1 |
| Oil Spread | |
| 0.03 | 2.0 |
| Stocks Spread | |
| 0.07 | 2.2% |
| Forex | |
| Axi excels with over 70 currency pairs, outpacing competitors such as AvaTrade, which provides just over 50. Coupled with the enhanced MT4 platform via the NextGen add-on, Axi stands out as a top choice for forex traders. | HYCM provides over 40 forex pairs for trading on the MT4 or MT5 platforms. Leverage is capped at 1:30, compliant with regulatory standards. The Raw account features tight spreads starting at 0.2, while the commission-free Classic account offers spreads from 1.2. |
| Assets | |
| 70+ | 40+ |
| GBPUSD Spread | |
| 0.5 | 0.4 |
| EURUSD Spread | |
| 0.2 | 0.1 |
| EURGBP Spread | |
| 0.5 | 0.4 |
| Cryptocurrency | |
| Axi offers round-the-clock short-term trading on 30 popular cryptocurrencies paired with fiat currencies, other tokens, and metals. It distinguishes itself with leverage options up to 1:200 for experienced crypto traders, enhancing both potential gains and risks. | HYCM provides trading options exclusively on Bitcoin, available as CFDs paired with USD. Although this allows traders to engage with the largest cryptocurrency by market capitalisation, offering a wider selection of digital currencies would align the broker more closely with its competitors. |
| Spread | |
| From 0.0 | Variable |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| Axi | HYCM |
| Visit Axi | Visit HYCM |
| 72.4% of retail investor accounts lose money when trading CFDs with this provider | |